Global Solar Tracker Market 2015-2019

Global Solar Tracker Market 2015-2019

About solar trackerSolar tracker is a device that helps in orienting a solar panel or concentrating a solar reflector or lens toward the sun to harness more sunlight. This ensures that the solar modules remain in the correct position to gather maximum energy from the sun. Solar trackers are binded to solar panels to alter their position against the sun throughout the year according to the changes in weather. Solar tracking helps in increasing the efficiency of solar panel.

Technavios analysts forecast the global solar tracker market to grow at a CAGR of 17.2% over the period 2014-2019.

Covered in this reportThe report covers the current scenario and the growth prospects of the global solar tracker market for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the sales of solar generators.

Technavio's report, Global Solar Tracker Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key questions answered in this report What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space and what is their portfolio matrix? What are the market opportunities and threats faced by the key vendors? What is the competitive landscape as characterized by geography? What are the strengths and weaknesses of the key vendors?